Jim Rogers: There’s A 100% Probability Of A U.S. Recession Within A Year
Legendary billionaire investor Jim Rogers is certain that the U.S. economy will be in recession in the next 12 months. During an interview on BloombergTV, he explained why he had…
Read moreChina Meets the Zombies
Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. Beijing can be big and bold when it meets reality. Remember when Zhu Rongji, China’s…
Read moreNATO Accuses Russia Of “Weaponizing Refugees” To “Break Europe”
“Do not come to Europe. “Do not believe the smugglers. Do not risk your lives and your money. It is all for nothing.” That’s from Donald Tusk, president of the…
Read moreThe Only Chart That Matters For The Fed In March
“Uncertainty” exploded in January for The Fed, and after today’s “great” (surging job gains) and “terrible” (plunging wages) jobs data (as well as surging current inflation and plunging inflation expectations),…
Read moreStocks Tumble After Fed Plans Too-Big-To-Fail Bank Counterparty Risk Cap
US financials are tumbling after The Fed proposed a rule that would limit banks with $500 bln or more of assets from having net credit exposure to a “major counterparty”…
Read moreThe Last Time The Market Was This Overbought, This Happened
The last 3 weeks have been a near unprecedented rip higher in stocks… as markets anticipated G-20 cooperative actions (and then BoJ and ECB follow-through) creating a vicious short-squeeze bounce..…
Read moreHY Credit Spreads Have Never Been This High Outside Of A Recession
Today marked the 13th consecutive day of positive HY fund flows (bringing total to $8.6bn)… But as Credit Suisse explains, the nature of this demand is ‘different’… Investors likely using…
Read moreStocks Surge On Biggest Bear Market Short-Squeeze Since Nov 2008
They are pulling out all the stops on this one… [embedded content] Another chaotically wild week… Small Caps (Russell 2000) up 4.65% – biggest week since Oct 2014 S&P 500…
Read moreBuhari Congratulates Olubadan On His Coronation
Buhari Congratulates Olubadan On His Coronation – SimonAtebaNews 3 Shares Share Tweet Share Share Email President Muhammadu Buhari warmly on Friday congratulated the new Olubadan, Oba Saliu Adetunji Aje Ogungunniso…
Read moreNDLEA Arrests 3 Clearing Agents Over Drug Trafficking
orji sunday otuu diazepam injections nwaeyizia chibuzor sylvester methamphetamine hidden in hair attachment akpan jacob Operatives of the National Drug Law Enforcement Agency (NDLEA) at the Murtala Muhammed International Airport…
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